0 Term Sample Clauses

0 Term. The Board shall employ Xx. Xxxxxxxxxx as its President for a term beginning on April 13, 2020 and ending on April 12, 2025. This agreement may be renewed for additional one-year terms upon approval of the Board of Trustees and confirmation by the Florida Board of Governors following an annual review of performance.
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0 Term. This Agreement shall take effect upon the date set forth above and, unless earlier terminated pursuant to Section 7.1 below, shall remain in effect for an initial period of ten (10) years; this Agreement shall automatically extend for successive two-year periods unless either party shall have provided written notice of its intention to terminate at least six (6) months prior to the end of the initial period or any renewal period.
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0 Term. The term of this Master Agreement commences upon the Effective Date and shall be for three (3) years, unless otherwise terminated or extended, in whole or in part, as provided in this Master Agreement.
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0 Term. The Parties agree that Subsection 4.1 of the Agreement is deleted in its entirety and replaced with the following: 4.1. The initial term of this Agreement will be for a period commencing on the ISP Effective Date for the Paint ISP and unless otherwise extended or terminated earlier in accordance with the provisions of this Agreement shall end on December 31, 2016.
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0 Term. 2.1 The Term of this Licence granted shall commence on the first (1 ) day of July, 2018 and shall terminate on the thirtieth (30th) day of June, 2020 (hereinafter referred to as the "Term"). Provided, however, the parties hereto may agree to renew the original term of this Licence if at any time during the term they so agree to do so in writing. If the parties agree to such an extension or renewal the rate shall be negotiated in accordance with the prevailing fair market value rate applicable at the time of extension or renewal. 2.2 The Licensee shall use the Licensed Lands solely for the operation, inspection, maintenance, repair, and removal of the Equipment. Any modification, improvement, upgrade or other change to the Equipment's size, use or location shall require the prior written consent of Her Majesty and will require an amendment to this agreement.
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0 Term. 3.1 Notwithstanding the Agreement Date and subject to Clause 3.2 below, this Agreement shall commence from the date as stipulated in Section 4 of the Second Schedule (“Effective Date”) and remain in force for a period as stated in Section 5 of the Second Schedule (“Term”) unless otherwise frustrated, rescinded and/or terminated in accordance with Clause 18 herein provided that the Parties shall be opened to commercial negotiations from time to time pertaining to the contents of this Agreement whereby should any such negotiations materialize, the Parties shall record such mutually agreed negotiations into written instrument which shall be supplemental to this Agreement. 3.2 Unless the Agreement is otherwise frustrated, rescinded and/or terminated in accordance to Clause 18, it is hereby agreed whereupon the expiration of the Term, the Licensee shall have the discretion to renew the Term for a subsequent fixed period stipulated in Section 6 of the Second Schedule (“Renewed Term”) provided that any such renewal under this provision (if any) shall only be effective upon the Parties agreed in writing in which all the terms and conditions of this Agreement shall, unless otherwise agreed by the Parties in writing, subsist and applicable mutatis mutandis to the whole Renewed Term. 3.3 During the whole Term and/or Renewed Term (whichever applicable), the Parties shall undertake and perform their respective obligations as set forth in this Agreement and shall do such acts necessary to ensure the successful performance of this Agreement.
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Related to 0 Term

  • Dpa Term Paragraph 4 on page 1 of the DPA setting a three-year term for the DPA shall be deleted, and the following shall be inserted in lieu thereof: “This DPA shall be effective upon the date of signature by Finalsite and XXX. and shall remain in effect as between Finalsite and LEA 1) for so long as the Services are being provided to LEA or 2) until the DPA is terminated pursuant to Section 15 of this Exhibit G, whichever comes first. ”

  • Initial Term The initial term will begin on the date set forth in the Contract documents or on the date the Contract is signed by all Parties, whichever is later.

  • Original Term The weighted average original term for the Receivables is at least 65 months.

  • Renewal Term If not sooner terminated, this Agreement shall renew at the end of the Initial Term and shall thereafter continue for successive annual periods, provided such continuance is specifically approved at least annually (i) by the Fund’s Board of Trustees or (ii) by a vote of a majority of the outstanding voting securities of the relevant portfolio of the Fund, provided that in either event the continuance is also approved by the majority of the Trustees of the Fund who are not interested persons (as defined in the 0000 Xxx) of any party to this Agreement by vote cast in person at a meeting called for the purpose of voting on such approval. If a plan under Rule 12b-1 of the 1940 Act is in effect, continuance of the plan and this Agreement must be approved at least annually by a majority of the Trustees of the Fund who are not interested persons (as defined in the 0000 Xxx) and have no financial interest in the operation of such plan or in any agreements related to such plan, cast in person at a meeting called for the purpose of voting on such approval.

  • Extended Term Tenant shall have the option to extend the Term for two (2) consecutive five (5) year periods (the "FIRST EXTENDED TERM" and "SECOND EXTENDED TERM", respectively) on all the terms and conditions contained in this Lease including, without limitation, continuation of the adjustment of the Base Rent on an annual basis as provided in Section 3.3 below (provided only that upon commencement of the First Extended Term the only remaining option to extend the Term shall be the Second Extended Term and upon exercise of the option with respect to the Second Extended Term, no further right to extend the Term shall exist). Tenant shall deliver, if at all, written notice of its exercise of the option ("OPTION NOTICE") to Landlord at least six (6) months but not more than one (1) year before the expiration of the Term or First Extended Term, as the case may be. In the event Tenant fails to deliver the applicable Option Notice within the time allowed, Landlord shall deliver written notice to Tenant of Tenant's failure to deliver the Option Notice, and Tenant shall then have thirty (30) days from receipt of such notice within which to deliver the Option Notice, if at all, to Landlord. In the event (and only in the event) that, Tenant fails to deliver an Option Notice to Landlord within such thirty (30) days, Tenant shall be considered to have elected not to extend the Term of this Lease and thereafter, Tenant shall have no further right to extend the Term of this Lease. References in this Lease to the "Term" shall include the initial Term of fifteen (15) years and shall, in addition, include the First Extended Term and the Second Extended Term, if applicable.

  • Base Term Commencing on the Expansion Premises Commencement Date, the defined term “Base Term” on page 1 of the Lease is deleted in its entirety and replaced with the following:

  • Fixed Term This Agreement is concluded for a fixed term specified in the ‘Contract Term’ section of the Order Form. Neither Party can terminate this Agreement for convenience, however any rights of termination for cause remain unaffected.

  • Term of the Lease The lease begins at p.m. on (the “Check-in Date”) and ends at a.m. on (the “Checkout Date”).

  • Renewal Contract Term Upon mutual written agreement, the Parties may renew this Contract, in whole or in part, for a Renewal Term not to exceed the Initial Contract Term, pursuant to the incorporated Special Contract Conditions.

  • Extension Term The options to extend the Term of this Lease as described above shall not be deemed exercised by Tenant unless at least twenty-four (24) months prior to the Lease Expiration Date for the Primary Term or at least twenty-four (24) months prior to the expiration of the Extension Term for the first (1st) Extension Term, Tenant shall have delivered written notice to Landlord of Tenant's irrevocable election to so extend this Lease at the end of the Primary Term or the first (1st) Extension Term, as applicable. Tenant's failure to deliver one (1) such timely notice to Landlord shall terminate all future Extension Terms, if any, following the Extension Term to which such notice specifically relates. Subject to the provisions of paragraph 5 of this Lease, the terms and conditions of this Lease shall apply to each Extension Term with the same force and effect as if such Extension Term had originally been included in the Primary Term of the Lease. The right of Tenant to exercise its rights with respect to the Extension Terms shall be conditioned upon this Lease being in full force and effect and no Event of Default then existing as of the Lease Expiration Date (for the first (1st) Extension Term), or expiration of the first (1st) Extension Term (for the second (2nd) Extension Term). The Primary Term, together with any Extension Term with respect to which Tenant properly exercises its option, and for which the conditions related thereto are satisfied, shall constitute the "TERM" of this Lease.

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